Affirm (NASDAQ: AFRM) CLO logs RSU vesting and tax share disposal

Rhea-AI Filing Summary

Affirm Holdings’ Chief Legal Officer Katherine Adkins reported RSU vesting and related share withholding. On March 1, 2026, multiple tranches of Restricted Stock Units were settled, resulting in the acquisition of 10,593 shares of Class A common stock at a stated price of $0.00 per share, bringing her direct Class A common stock holdings to 142,570 shares before tax withholding.

On the same date, 4,795 shares of Class A common stock were disposed of at $46.98 per share to satisfy tax obligations tied to the RSU settlements, leaving her with 137,775 directly held shares. Each RSU represents a right to receive one Class A share, and the grants vest in scheduled monthly or quarterly installments so long as she remains in continuous service with Affirm.

Insider Trade Summary

10,593 shares exercised/converted

Mixed 6 txns

Insider Adkins Katherine

Role Chief Legal Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	1,402	$0.00	--
Exercise	Restricted Stock Units	5,086	$0.00	--
Exercise	Restricted Stock Units	2,483	$0.00	--
Exercise	Restricted Stock Units	1,622	$0.00	--
Exercise	Class A Common Stock	10,593	$0.00	--
Tax Withholding	Class A Common Stock	4,795	$46.98	$225K

Holdings After Transaction: Restricted Stock Units — 8,409 shares (Direct); Class A Common Stock — 142,570 shares (Direct)

Footnotes (1)

1. Represents the number of shares of the Issuer's Common Stock withheld to satisfy the Reporting Person's tax obligation in connection with the settlement of shares of Common Stock underlying the Reporting Person's restricted stock units that vested on March 1, 2026. Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of the Issuer's Class A Common Stock. The RSUs vest in 48 equal monthly installments beginning October 1, 2022, subject to the Reporting Person's continuous service with the Issuer as of each vesting date. This grant has no expiration date. The RSUs vest in 16 equal quarterly installments beginning September 1, 2024, subject to the Reporting Person's continuous service with the Issuer as of each vesting date. This grant has no expiration date. The RSUs vest in 16 equal quarterly installments beginning September 1, 2025, subject to the Reporting Person's continuous service with the Issuer as of each vesting date. This grant has no expiration date. The RSUs vest in equal quarterly installments for a period of three years beginning December 1, 2025, subject to the Reporting Person's continued employment with the Issuer as of each vesting date. This grant has no expiration date.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Adkins Katherine

(Last) (First) (Middle)

C/O AFFIRM HOLDINGS, INC.

650 CALIFORNIA STREET

(Street)

SAN FRANCISCO CA 94108

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Affirm Holdings, Inc. [ AFRM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Legal Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	03/01/2026		M		10,593	A	$0	142,570	D
Class A Common Stock	03/01/2026		F		4,795(1)	D	$46.98	137,775	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(2)	03/01/2026		M			1,402	(3)	(3)	Class A Common Stock	1,402	$0	8,409	D
Restricted Stock Units	(2)	03/01/2026		M			5,086	(4)	(4)	Class A Common Stock	5,086	$0	30,514	D
Restricted Stock Units	(2)	03/01/2026		M			2,483	(5)	(5)	Class A Common Stock	2,483	$0	24,824	D
Restricted Stock Units	(2)	03/01/2026		M			1,622	(6)	(6)	Class A Common Stock	1,622	$0	16,220	D

Explanation of Responses:

1. Represents the number of shares of the Issuer's Common Stock withheld to satisfy the Reporting Person's tax obligation in connection with the settlement of shares of Common Stock underlying the Reporting Person's restricted stock units that vested on March 1, 2026.

2. Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of the Issuer's Class A Common Stock.

3. The RSUs vest in 48 equal monthly installments beginning October 1, 2022, subject to the Reporting Person's continuous service with the Issuer as of each vesting date. This grant has no expiration date.

4. The RSUs vest in 16 equal quarterly installments beginning September 1, 2024, subject to the Reporting Person's continuous service with the Issuer as of each vesting date. This grant has no expiration date.

5. The RSUs vest in 16 equal quarterly installments beginning September 1, 2025, subject to the Reporting Person's continuous service with the Issuer as of each vesting date. This grant has no expiration date.

6. The RSUs vest in equal quarterly installments for a period of three years beginning December 1, 2025, subject to the Reporting Person's continued employment with the Issuer as of each vesting date. This grant has no expiration date.

Remarks:

	/s/ Josh Samples, Attorney-in-Fact	03/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did Affirm (AFRM) Chief Legal Officer Katherine Adkins report?

Katherine Adkins reported RSU vesting that converted into Class A shares and a related tax share withholding. On March 1, 2026, she acquired 10,593 shares from RSUs and had 4,795 shares withheld to cover tax obligations tied to that vesting.

How many Affirm (AFRM) shares does Katherine Adkins hold after these Form 4 transactions?

After the reported transactions, Katherine Adkins directly holds 137,775 shares of Affirm Class A common stock. This follows RSU settlements increasing her position to 142,570 shares, then a 4,795-share disposition to satisfy tax withholding obligations related to the March 1, 2026 RSU vesting.

Were Katherine Adkins’ Affirm (AFRM) Form 4 transactions open-market buys or sells?

The transactions were not open-market buys or discretionary sales. They reflect RSU settlements coded as exercises or conversions and a tax-withholding disposition coded as “F,” where 4,795 shares were delivered to satisfy tax obligations linked to the vested restricted stock units.

What price was used for the tax-withholding share disposition in the Affirm (AFRM) Form 4?

The tax-withholding disposition used a price of $46.98 per share for 4,795 shares of Class A common stock. This transaction settled the reporting person’s tax liability arising from RSU vesting on March 1, 2026, rather than representing a standard open-market sale.

How do Katherine Adkins’ RSUs at Affirm (AFRM) vest over time?

Her RSUs vest in structured schedules tied to continued service with Affirm. One grant vests in 48 equal monthly installments from October 1, 2022, while others vest in 16 equal quarterly installments or equal quarterly tranches over three years, each requiring ongoing employment at each vesting date.

What does each RSU reported by Katherine Adkins represent for Affirm (AFRM) shareholders?

Each reported RSU represents a contingent right to receive one share of Affirm’s Class A common stock. As the RSUs vest according to their schedules, they convert into actual shares, increasing the reporting person’s direct holdings through non-cash equity compensation tied to continued service with the company.